As Pitney Bowes (PBI) Shares Declined, Black Creek Investment Management Has Boosted Position; Sina (SINA) Market Valuation Declined While Tt International Has Boosted Holding

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Black Creek Investment Management Inc increased its stake in Pitney Bowes Inc (PBI) by 49.04% based on its latest 2018Q3 regulatory filing with the SEC. Black Creek Investment Management Inc bought 51,000 shares as the company’s stock declined 2.82% with the market. The institutional investor held 155,000 shares of the office equipment and supplies and services company at the end of 2018Q3, valued at $1.10M, up from 104,000 at the end of the previous reported quarter. Black Creek Investment Management Inc who had been investing in Pitney Bowes Inc for a number of months, seems to be bullish on the $1.32B market cap company. The stock decreased 0.43% or $0.03 during the last trading session, reaching $7.02. About 2.74 million shares traded. Pitney Bowes Inc. (NYSE:PBI) has declined 35.39% since February 14, 2018 and is downtrending. It has underperformed by 35.39% the S&P500. Some Historical PBI News: 04/05/2018 – S&P REVISES PITNEY BOWES INC. TO RATING ‘BB+’ FROM ‘BBB-‘; 02/05/2018 – Fitch: Pitney Bowes’ Ratings Unaffected by Production Mail Disposition; 28/03/2018 – Pitney Bowes Presenting at Conference Tomorrow; 02/05/2018 – Pitney Bowes Cuts FY18 View To Adj EPS $1.15-Adj EPS $1.30; 14/05/2018 – Anne Kenyon and Candace Mehalko of Pitney Bowes Recognized as CRN’s 2018 Women of the Channel; 01/05/2018 – PITNEY BOWES & EBAY RENEW PARTNERSHIP; 06/03/2018 – Pitney Bowes Updates Review of Strategic Alternatives; 10/04/2018 – Pitney Bowes Expands Relationship with CSG; 06/03/2018 – PITNEY BOWES REVIEW OF OPTIONS; 12/04/2018 – PROMETIC LIFE SCIENCES INC – FAT BIOPSIES FURTHER DEMONSTRATE PBI-4050 CLINICAL ACTIVITY

Tt International increased its stake in Sina Corp (SINA) by 50.8% based on its latest 2018Q3 regulatory filing with the SEC. Tt International bought 300,601 shares as the company’s stock declined 3.56% with the market. The institutional investor held 892,374 shares of the prepackaged software company at the end of 2018Q3, valued at $62.00 million, up from 591,773 at the end of the previous reported quarter. Tt International who had been investing in Sina Corp for a number of months, seems to be bullish on the $4.45 billion market cap company. The stock increased 0.96% or $0.59 during the last trading session, reaching $62.23. About 1.03M shares traded or 41.79% up from the average. SINA Corporation (NASDAQ:SINA) has declined 34.60% since February 14, 2018 and is downtrending. It has underperformed by 34.60% the S&P500. Some Historical SINA News: 24/05/2018 – Chinese internet firm Sina plans secondary listing in HK; 15/04/2018 – `I Am Gay, Not a Pervert’: Furor Erupts in China as Sina Weibo Bans Gay Content; 09/05/2018 – Sina 1Q EPS 38c; 09/05/2018 – SINA CORP QTRLY ADVERTISING REVENUES INCREASED 61% YEAR-OVER-YEAR TO $367.1 MLN; 11/03/2018 – Sina News: Panasonic weighs selling China security camera factory: Nikkei; 26/04/2018 – SINA Files Annual Report on Form 20-F for Fiscal Year 2017; 16/04/2018 – China’s Sina Weibo reverses gay content clean-up after outcry; 18/05/2018 – BAIDU’S LU QI TO STEP DOWN AS PRESIDENT, COO: SINA.COM; 06/03/2018 Sina Offers Real-Time Market Information from Nasdaq to Power Portfolio Diversification; 26/04/2018 – Signal: Masked gunmen kidnap an employee from Eben Sina Hospital in Al-Rashidiya

More notable recent SINA Corporation (NASDAQ:SINA) news were published by: Nasdaq.com which released: “Tuesday’s ETF Movers: PFF, CQQQ – Nasdaq” on January 22, 2019, also Nasdaq.com with their article: “Interesting SINA Put And Call Options For September 20th – Nasdaq” published on January 24, 2019, Nasdaq.com published: “Shutterfly (SFLY) Q4 Earnings Beat Estimates, Revenues Miss – Nasdaq” on February 06, 2019. More interesting news about SINA Corporation (NASDAQ:SINA) were released by: Nasdaq.com and their article: “Why Is Sina (SINA) Down 11.1% Since Last Earnings Report? – Nasdaq” published on September 07, 2018 as well as Nasdaq.com‘s news article titled: “U.S. autonomous truck startup TuSimple raises $95 mln from Sina, others – Nasdaq” with publication date: February 13, 2019.

Among 11 analysts covering Sina Corporation (NASDAQ:SINA), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Sina Corporation had 23 analyst reports since August 19, 2015 according to SRatingsIntel. JP Morgan maintained SINA Corporation (NASDAQ:SINA) on Wednesday, August 29 with “Overweight” rating. As per Wednesday, August 31, the company rating was reinitiated by JP Morgan. The company was upgraded on Wednesday, February 14 by CLSA. Jefferies maintained SINA Corporation (NASDAQ:SINA) on Thursday, February 15 with “Buy” rating. The firm earned “Buy” rating on Tuesday, January 23 by Jefferies. The company was maintained on Thursday, August 10 by Jefferies. The firm has “Buy” rating by Jefferies given on Tuesday, March 13. The firm has “Buy” rating by Brean Capital given on Thursday, November 19. The rating was maintained by Jefferies on Tuesday, October 17 with “Buy”. CLSA initiated the shares of SINA in report on Monday, December 12 with “Outperform” rating.

Tt International, which manages about $8.38B and $895.65 million US Long portfolio, decreased its stake in Praxair Inc (NYSE:PX) by 28,238 shares to 61,240 shares, valued at $9.84M in 2018Q3, according to the filing. It also reduced its holding in Scotts Miracle Gro Co (NYSE:SMG) by 34,303 shares in the quarter, leaving it with 46,557 shares, and cut its stake in Global Pmts Inc (NYSE:GPN).

Investors sentiment decreased to 1.02 in Q3 2018. Its down 0.15, from 1.17 in 2018Q2. It dived, as 37 investors sold SINA shares while 45 reduced holdings. 21 funds opened positions while 63 raised stakes. 41.47 million shares or 4.55% less from 43.45 million shares in 2018Q2 were reported. Cqs Cayman Limited Partnership invested in 0.14% or 42,728 shares. First Manhattan Company holds 107,896 shares or 0.04% of its portfolio. Palisade Capital Mgmt Ltd Co Nj reported 7,750 shares. Teacher Retirement Of Texas accumulated 21,124 shares. Creative Planning owns 3,714 shares or 0% of their US portfolio. Eagle Global Lc invested in 118,227 shares or 0.26% of the stock. 11,600 are held by Manufacturers Life Co The. State Of Wisconsin Investment Board stated it has 311,194 shares or 0.06% of all its holdings. Commercial Bank Of America Corporation De invested in 66,429 shares or 0% of the stock. 353,534 are owned by Northern Trust. Royal Bancshares Of Canada has 0% invested in SINA Corporation (NASDAQ:SINA) for 13,583 shares. Platinum Inv Mngmt holds 6.82% in SINA Corporation (NASDAQ:SINA) or 3.46M shares. Fincl Bank Of Montreal Can reported 4,597 shares. Bogle Inv LP De invested in 1.04% or 208,371 shares. 5,378 are owned by Amp Cap Ltd.

More notable recent Pitney Bowes Inc. (NYSE:PBI) news were published by: Businesswire.com which released: “Pitney Bowes Selected for 2019 Bloomberg Gender-Equality Index, Recognizing Commitment to Advancing Women in the Workplace – Business Wire” on January 16, 2019, also Seekingalpha.com with their article: “Small Cap Dividend Spotlight: Pitney Bowes – Seeking Alpha” published on May 31, 2018, Seekingalpha.com published: “Pitney Bowes: A Slow Return Of Some Mojo – Seeking Alpha” on September 06, 2018. More interesting news about Pitney Bowes Inc. (NYSE:PBI) were released by: Businesswire.com and their article: “Pitney Bowes Named a Most Effectively Managed Company by The Drucker Institute Management Top 250 – Business Wire” published on December 04, 2018 as well as Seekingalpha.com‘s news article titled: “Pitney Bowes reaffirmed FY2018 guidance – Seeking Alpha” with publication date: November 01, 2018.

Among 7 analysts covering Pitney Bowes (NYSE:PBI), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Pitney Bowes had 9 analyst reports since September 1, 2015 according to SRatingsIntel. Sidoti downgraded the stock to “Neutral” rating in Monday, May 15 report. Sidoti upgraded Pitney Bowes Inc. (NYSE:PBI) on Wednesday, August 2 to “Buy” rating. Northcoast downgraded the shares of PBI in report on Wednesday, February 6 to “Neutral” rating. The stock of Pitney Bowes Inc. (NYSE:PBI) earned “Sell” rating by Zacks on Tuesday, September 1. The firm has “Hold” rating by Loop Capital given on Thursday, November 2. Loop Capital Markets initiated it with “Hold” rating and $1600 target in Friday, July 28 report. Brean Capital maintained Pitney Bowes Inc. (NYSE:PBI) rating on Thursday, September 17. Brean Capital has “Buy” rating and $30 target. On Monday, September 7 the stock rating was downgraded by Zacks to “Sell”.

Pitney Bowes Inc. (NYSE:PBI) Institutional Positions Chart